RM31mil money trail to be presented in Zahid trial

Jovial talk: Ahmad Zahid chatting with the media during a break at the Kuala Lumpur High Court.The prosecution in the trial of Datuk Seri Dr Ahmad Zahid Hamidi, who is facing 47 criminal charges, will prove that the former deputy prime minister misappropriated RM31mil of Yayasan Akalbudi funds without a single sen of the monies used to aid the poor.

“The money trail to be presented in court will reveal that not a single sen of the RM31mil was used for the benefit of the poor. For corruption charges, she said between 2016 and 2018, the accused was an officer of a public body holding the post of a minister in the Home Ministry. The DPP said the payments were corruptly received as an inducement for the accused to help secure MyEG projects under the purview of the ministry.

“A substantial portion of the monies was subsequently used to make placements for fixed deposit under the firm’s name. Two bungalow units worth RM5.9mil were also purchased with the monies received, ” she added.

Source: Law Daily Report (lawdailyreport.net)

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